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This publication, the expanded third edition of this study, has been produced by INSOL International to help members seeking guidance as to the assistance they can expect when dealing with insolvency proceedings that span national borders. It is also hoped that it will provide a helpful stimulus to those responsible for the reform of insolvency laws and systems especially when considering the...

This book is the latest addition to our list of publications and it provides basic information on Islamic finance. It is meant to be a useful reference tool to the majority of insolvency practitioners who do not work in this field. The chapters in this book were selected on the basis that it is expected that most INSOL members currently have very limited understanding of Islamic finance....

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Norwegian Air CEO Interested in Collapsed Monarch's Airport Slots

Budget carrier Norwegian Air Shuttle is interested in slots made available by the collapse of British holiday airline Monarch, its chief executive told Reuters, but said the process is unclear. Monarch collapsed earlier this month, stranding thousands of people, and sparking speculation about what will happen to the take-off and landing slots it occupied at airports such as London Gatwick and Luton, Reuters reported. “We could very well use the slots, but it’s not that easy to actually transfer slots,” Norwegian Air CEO Bjorn Kjos told Reuters on the sidelines of the CAPA Global Summit. Monarch administrators KPMG are hoping they can raise funds from the sale of the slots and have said they believe they have the right to sell them. “It depends on the price. It’s always depending on the price. But normally, it’s not that easy to sell slots,” Kjos said. Norwegian has expanded rapidly in recent years and is shaking up the transatlantic market by offering low-cost long-haul flights. Read more.